8.29.19 Best cars for resale value; Resort fees are the worst; Focusing on preventative care

The Clark Howard Podcast

Clark Howard

Entrepreneurship, Business, Investing

4.6 • 5.2K Ratings

🗓️ 29 August 2019

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

JD Power reports on which vehicles best hold their value. If you will make one major change to the way you look at vehicles and drive your car until till the wheels fall off you won’t have to worry about depreciation. More hotels are implementing a bait and switch where they publish a great rate and then rip you off with poorly or undisclosed fees. Clark just ran into a $56 per night resort fee + a $26 per night parking fee – that’s in addition to the room cost. There’s a plague of this and the hotels are defiant about it. Marriott and Hilton are being sued. The price should be the price. With the current inability of political parties to work together on healthcare, it’s heartening to see solutions being tried at the state level. U.S. life spans have been in decline while healthcare costs skyrocket. The U.S spends 20% of our nation’s output on healthcare. The next largest national expenditure is 8%. N.C. is placing emphasis on regular primary care, creating financial incentives that reward providers for keeping people healthy. When we focus on simple continuity of care and prevention, we get lifespans back up and cut costs at the same time. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's my pleasure to have you join us here on the Clark Howard Show where it's all about
0:10.8	you and every dollar you got.
0:13.9	I want you to get the most use and value out of it.
0:18.4	Our show is About You and our websites are too.
0:23.2	Clark.com, ClarkDeals.com.
0:27.1	And we're going to talk in just a few minutes and today's car grade just moment about a no
0:33.0	deal, something that is a gotcha and what you need to know about it.
0:38.9	And coming up yet later, healthcare in the United States has a lot of messy things going
0:45.4	on, especially on the cost side.
0:47.6	We're going to talk about experiments going on to try to reduce the cost of medical
0:53.7	care at the same time.
0:56.2	More importantly, well, I guess they're equally important, improve the quality of your health.
1:01.0	So your physical health and your physical health both are on the good side of the ledger.
1:06.9	I want to talk right now about something that is really important to your wallet.
1:16.1	And that is when you buy a vehicle that you pay so much for it, but when you decide
1:24.6	that that vehicle no longer is going to be in your life, what's it worth at that point?
1:30.1	Because that's really the true cost of that vehicle is what you paid for it versus what
1:37.3	it's worth when you get rid of it.
1:40.5	That difference.
1:42.1	Well, JD Power has crunched the numbers and come up by various vehicle categories, which
1:50.7	vehicles hold their value the best if you buy them new that they're going to be worth
1:59.3	the most in their category when you do ditch that vehicle.
	...

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